Business Standard

Aban Offshore reports consolidated net loss of Rs 337.11 crore in the March 2017 quarter

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Capital Market

Sales decline 37.89% to Rs 390.86 crore

Net Loss of Aban Offshore reported to Rs 337.11 crore in the quarter ended March 2017 as against net loss of Rs 202.28 crore during the previous quarter ended March 2016. Sales declined 37.89% to Rs 390.86 crore in the quarter ended March 2017 as against Rs 629.30 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 1040.83 crore in the year ended March 2017 as against net loss of Rs 241.02 crore during the previous year ended March 2016. Sales declined 47.28% to Rs 1757.92 crore in the year ended March 2017 as against Rs 3334.55 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales390.86629.30 -38 1757.923334.55 -47 OPM %39.3053.92 -51.5756.74 - PBDT-125.8764.49 PL -169.05873.23 PL PBT-296.92-161.90 -83 -870.21-28.60 -2943 NP-337.11-202.28 -67 -1040.83-241.02 -332

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First Published: May 29 2017 | 5:07 PM IST

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